Bezos Nears $6bn Liverpool Stake
A consortium including Amazon founder Jeff Bezos and Facebook co-founder Eduardo Saverin is closing in on a deal to buy a roughly one-third stake in Liverpool Football Club, valuing the club at around $6 billion, with Bezos' estimated net worth of $256bn leading the investment
A consortium including Amazon founder Jeff Bezos is nearing a deal to buy a roughly one-third stake in Liverpool Football Club, valuing the club at around $6 billion. The consortium, led by Amit Bhatia, the son-in-law of steel billionaire Lakshmi Mittal, includes Facebook co-founder Eduardo Saverin.
The deal would see Bezos, the fourth-richest person in the world with an estimated net worth of $256bn, invest in the Premier League club. Fenway Sports Group (FSG), the current owners of Liverpool, previously sold a minority stake in the club to global sports investment firm Dynasty Equity.
Amit Bhatia, the leader of the consortium, had been a director and co-owner of Queens Park Rangers for 18 years before relinquishing his stake in the club last month. FSG bought Liverpool in a £300m deal in 2010 and has since invested in the club's infrastructure and team.
The investment in Liverpool would be a significant move for Bezos, who has explored bids for NFL teams in the past. The deal is reportedly close to being announced, with FSG confirming last month that the consortium had expressed interest in making a strategic minority investment in Liverpool Football Club.
## What it means The potential investment in Liverpool by the consortium led by Amit Bhatia and including Jeff Bezos and Eduardo Saverin would be a major development in the football world. The valuation of the club at $6 billion reflects its growing popularity and financial success. The investment would also mark a significant move into the sports industry for Bezos, who has previously explored investments in other sports teams.
## Background Liverpool Football Club has a rich history and a large following globally. The club has won numerous titles, including the Champions League and the Premier League. The potential investment by the consortium would be a significant boost to the club's finances and could lead to further investment in the team and infrastructure.
The deal would also be a significant development for FSG, which has owned Liverpool since 2010. The company has invested heavily in the club and has overseen a period of significant growth and success. The sale of a minority stake to the consortium would mark a new chapter in the club's history and could lead to further investment and growth.
